Ketchum bill seeks state share of offshore oil revenue
Congressman Bill Ketchum introduces a bill to reimburse coastal states 37.5 percent of revenues from Outer Continental Shelf leases. He cites local government costs from offshore drilling and compares to California tidelands compensation while noting possible oil spill and fire impacts on coastal communities. The measure amends the OCS Lands Act to allocate production-based funds to adjacent states.
MENTIONED IN THIS ARTICLE
Bill Ketchum
Ketchum
California
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